Global Stocks Hit New Highs as Investors Eye China Growth Targets, Busy Week for Asian Economic Data

• Rally in global stocks and risky assets continues, with new highs for US, European and Japanese indexes • Attention turns to China's National People's Congress and economic growth target announcement • Packed Asian economic calendar - inflation data from Philippines, Thailand and Tokyo; PMIs from China; GDP from South Korea • Core inflation in Tokyo expected to re-accelerate in February to 2.5% • Yen weakens below 150 per dollar, raising speculation of potential intervention to support currency